4, BUTTERMERE, SPENNYMOOR, DL16 6UD - £127,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 BUTTERMERE is a large detached house of 120m², built sometime between 1967 and 1975. It was last sold for £127,000 in March 2009, which was around 23% below the average March 2009 detached price in the County Durham local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was C.

4 BUTTERMERE Sold Prices

Land registry data shows three sales for 4 BUTTERMERE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Two of the three 4 BUTTERMERE sales were for below the average price, whilst one was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2009 27 MAR	£127,000	£164,233	23% below HPI
2007 1 NOV	£172,000	£193,646	11% below HPI
1997 27 MAR	£74,500	£66,847	11% above HPI

4 BUTTERMERE Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The three 4 BUTTERMERE sales between March 1997 and March 2009 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2009 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 4 BUTTERMERE?

4 BUTTERMERE is 120m² according to the EPC inspection conducted in October 2008. This puts it in the largest 40% of detached houses in Spennymoor, based on EPC data. The below chart shows the distribution of detached houses by size in Spennymoor, and where 4 BUTTERMERE lies on this distribution: 68% of detached houses are smaller than 4 BUTTERMERE, and 32% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

4 BUTTERMERE: Plot and Title Map

4 BUTTERMERE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 4 BUTTERMERE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 4 BUTTERMERE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 4 BUTTERMERE?

4 BUTTERMERE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 4 on BUTTERMERE.